2 days on Rocket
$2,672 Closing Credit¹
#5109156, Erika Love, Listing Office: EXP Realty, LLC.
Fairlawn Housing Market Report March 2025•Summit County, Ohio
Housing Prices in Fairlawn, OH
How much do homes in Fairlawn, OH cost?
Housing Market Conditions
Is Fairlawn, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fairlawn is a Seller's Market
Difference Since March 2024
Since last year, Fairlawn has remained a Seller's Market.
Insight
Fairlawn is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$315,000$144/SqFt
+$49,000
+18.4%
Based on all homes sold in the last 12 months
Insight
Homes in Fairlawn have sold for 18.4% more than they did a year ago.
Summary: The median home sold price in Fairlawn was $315,000 in March 2025, up 18.4% from last year, and the median price per square foot was $144.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Fairlawn | $266K | $315K | +18.4% |
| Bath Township | $455.2K | $528K | +16.0% |
| Akron | $129.9K | $145.5K | +12.0% |
| Copley Township | $320K | $323.5K | +1.1% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $188K | $197K | +4.8% |
| 33 Bedrooms | $260K | $321.5K | +23.7% |
| 44 Bedrooms | $398.7K | $354.5K | -11.1% |
| 55+ Bedrooms | $810K | $425K | -47.5% |
Summary: Fairlawn housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +4.8%. The home price for 3 bedroom homes increased by +23.7%. The home price for 4 bedroom homes decreased by -11.1%. The home price for 5 bedroom homes decreased by -47.5%.
How does Fairlawn, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Fairlawn, OH
Housing supply in Fairlawn, OH
How many homes are available in Fairlawn, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 31Last MonthMar 2025 | ||
| 282 months agoFeb 2025 | +10.7 % Change MoMFeb – Mar |
Summary: The Fairlawn real estate market had 31 homes for sale in Mar 2025, a 10.7 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 7Last MonthMar 2025 | ||
| 62 months agoFeb 2025 | +16.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 7 | 7 | 0.0% |
| 33 Bedrooms | 13 | 13 | 0.0% |
| 44 Bedrooms | 6 | 9 | +50.0% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Fairlawn housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fairlawn, OH cost?
Over Asking Price2 Homes
At Asking Price4 Homes
Under Asking Price1 Home
Insight
If you're buying a home in Fairlawn, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Fairlawn in March 2025, up by 16.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 57% were sold at asking, and and 29% were sold over asking.
Days on Market for Fairlawn, OH
How long does it take to sell a home in Fairlawn, OH?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Many homes in Fairlawn are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 7 homes were sold in Fairlawn; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 17 DaysThis YearMar 2025 | ||
| 36 Days1 year agoMar 2024 | -52.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Fairlawn had an average listing age of 17 days in Mar 2025, down by 52.0% compared to the previous year.
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Newest Listings in Fairlawn, OH
What homes are available in Fairlawn, OH?
5 days on RocketBackup offers
$2,969 Closing Credit¹
#5110766, Michael A Ferrante, Listing Office: Century 21 Homestar
7 days on Rocket
$5,343 Closing Credit¹
#5109431, Sherri G Costanzo, Listing Office: RE/MAX Crossroads Properties
$2,791 Closing Credit¹
#5110579, Chris Brown, Listing Office: EXP Realty, LLC.
Backup offers
$2,838 Closing Credit¹
#5110483, Amy P Krall, Listing Office: Russell Real Estate Services
$6,174 Closing Credit¹
#5107948, Leslee T Salhany, Listing Office: Berkshire Hathaway HomeServices Simon & Salhany Realty
$5,641 Closing Credit¹
#5107128, Hannah Pannetti, Listing Office: Keller Williams Citywide
Backup offers
$4,749 Closing Credit¹
#5106648, Erin E Soltis, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
Backup offers
$3,027 Closing Credit¹
#5104222, James R O'Neil, Listing Office: Real of Ohio
Backup offers
$2,244 Closing Credit¹
#5104252, Janardhan Katta, Listing Office: Century 21 Homestar
$2,611 Closing Credit¹
#5102694, Andrew Minton, Listing Office: M. C. Real Estate
$2,256 Closing Credit¹
#5102110, Bettie J Schmikla, Listing Office: RE/MAX Results
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 04/01/2023 - 04/01/2025
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.